MicroStrategy CEO: I Personally Hodl 17,732 Bitcoin (BTC)

Summary:

MicroStrategy CEO, Michael Saylor, has declared that he personally owns 17,732 BitcoinHis revelation comes after queries about how much Bitcoin he ownsMr. Saylor explained that he bought the Bitcoins at an average entry price of $9,882He declared his holdings to MicroStrategy before it bought its stash of 38,250 BTCThe company is reportedly preparing to buy more Bitcoin

The CEO of MicroStrategy, Michael Saylor, has revealed via Twitter, the amount of Bitcoin (BTC) that he owns.

According to Mr. Saylor, he owns 17,732 Bitcoins that he bought at an average price of $9,882. His revelation comes after what he explains were repeated queries about how much BTC his owns. Mr. Saylor stated that he had declared his holdings of Bitcoin before MicroStrategy decided to buy its stash of 38,250 BTC.

Below is Mr. Saylor’s tweet explaining his Bitcoin investment that is now worth around $230.5 million using BTC’s value at $13k. This means that Mr. Saylor is $55.3 million in profits since his purchase at $9,882 per Bitcoin.

Some have asked how much #BTC I own. I personally #hodl 17,732 BTC which I bought at $9,882 each on average. I informed MicroStrategy of these holdings before the company decided to buy #bitcoin for itself.

— Michael Saylor (@michael_saylor) October 28, 2020